This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors.
Fortunately, crane and rigging insurance provide protection and compensation. However, understanding these insurance policies is key to maximizing your benefits. What is crane and rigging insurance? This collection of multiple coverages essentially protects all crane operations, including tower cranes and mobile cranes.
General insurances. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance. Mobilization and demobilization costs. Payment Bond premium(s) (please note that Payment Bonds are required for task order. projects valued over $35K; 9. Social security contributions.
Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? Here’s an overview of the most important types of insurance for contractors. General Liability Insurance.
How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Greg Ragsdale.
With cloud-based TVL security cameras , your security staff can access cloud-based control centers and mobile applications that can view security data from anywhere. In that case, it will send a mobile alert to your security staff, allowing them to quickly and efficiently resolve the issue. Strong Security Doors And Gates.
Consider project delays, legal battles, insurance rate increases, and the damage done to your companys reputation. Lower Costs and Fines The up-front cost of safety training pales in comparison to the cost of OSHA violations, legal fees, and skyrocketing insurance premiums. Think about it as paying for peace of mind.
Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.
Finally, his insurance broker would mobilize its claims, safety and risk management personnel to assist after these men prematurely lost their lives. He explained that a motorist had driven into the work zone, striking and killing two employees.
INSURANCE |. Collaborating on Cash flow » The Year of Mobile Technology? This year, I think it’s safe to say that mobile devices and applications that run on mobile devices are the buzz of construction industry, and it’s easy to see why. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |.
I’m especially interested in the improvements and new product acquisitions that bring more mobility to the workforce. Many firms bring their Chief Information Office or IT department looking specifically for answers to mobile device management, cloud computing, and managed services.
Navigating the insurance requirements for construction projects can be daunting. Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. For more details on CGL insurance, visit Construction Coverage. Explore Stonemark’s insights on project-specific insurance.
Effective project management means controlling the data flow and staying on top of transmittals, submittals, RFIs, email communications, change orders, materials, inventory, job cost and WIP reports, labor hours and wages, union rules, safety regulations, insurance and bonding, compliance data and a whole lot more.
Leading-edge software and technology are helping contractors streamline construction processes with tools for mobile data capture, automated workflows and more. Cloud-based, mobile-friendly apps make it easy for crews in the field to input data via a tablet, laptop, or smartphone. Speed Up Data Entry in the Field.
Insurance is one part of a strategy to keep your carpentry business financially healthy. To minimize any financial damage, a comprehensive carpenter’s insurance plan is a smart bet. . What is carpenter insurance? Does a carpenter need insurance? Insurance serves another purpose.
Employee payroll taxes, insurance, and fringe benefits. Mobilization and close out for the total contract and each task order. Depreciation of mobile office(s). Subcontractors’ overhead and profit. All costs associated with bonding (specifically including bond premiums). All waste and excess material. Quality control.
Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?
It was not long after he received his driver’s license, and of course it’s no fun for a 17 year old to ask to borrow the family-mobile (he knew better than to ask to borrow my sports car), so he had been looking for his own. So off we went one Saturday to the dealership for an object lesson in the art of used car evaluation and negotiation.
When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.
Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Employee payroll taxes, insurance and fringe benefits. Mobilization and close out for the total contract and each task order.
Achieving favorable terms in a hard property & casualty insurance market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past.
INSURANCE |. The Year of Mobile Technology? As mobile computing devices such as tablets and smartphones are becoming more and more a part of our lives, apps are too. For example, I have a mobile banking app on my smartphone. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.
INSURANCE |. New) Mobile Construction Software. With web-based software, these mobile devices are capable of running complete versions of a company’s enterprise software, resulting in real-time information flowing freely from the field to the office and a true collaborative environment. STRATEGY |. MANAGEMENT |. ACCOUNTING |.
INSURANCE |. « The Year of Mobile Technology? While this may seem like an impossible task, the overwhelming adoption of mobile technologies and the move towards web-based software are providing a light at the end of the tunnel. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. Construction Law.
INSURANCE |. Although email and mobile technologies have made communication easier, they haven’t solved all of our problems. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Sales/Marketing.
As remote work makes some segments of the workforce more mobile, demand may increase in locations where homebuying is a more affordable endeavor. . . Major expenses” include property taxes, home insurance, mortgage payments, and mortgage insurance. . Buying a home in Kings County (home to Brooklyn), N.Y., Affordability.
Julian Construction Helps Mobile Home Owners Qualify for FHA Financing. The service, which includes installation of concrete footers, slabs and skirts, ensures mobile home foundations meet FHA mortgage program criteria. Plus our service makes a mobile home more safe in the event of a major earthquake.” Verify your Comment.
This means that project managers often don’t know, or are not always familiar with, the workers on their projects—their skillsets, their personalities and work habits, their certifications and insurance documentation, etc. The onus is on the project manager to make sure everyone on the project team is capable and certified.
A new mobile based application known as Go Figure Estimating Application launched by a Massachusetts company that will make a sea change in the construction estimates. The developer teams of Go Figure consist of contractors for contractors, insurance adjusters, roofing, siding window vendors and more.
The Travelers insurance company has introduced a new digital tool that can help contractors identify areas around a construction site that may be negatively affected by the ground vibrations caused by heavy equipment.
These owning costs are typically fixed annually and are based on the purchase price, interest, depreciation, licensing, insurance and taxes. Telematics, mobile applications for equipment data collection in the field and equipment capture technologies like Bluetooth and RFID are becoming more prevalent and powerful.
INSURANCE |. Rather than learning about the project in a “drive by” data dump hours before mobilization, the superintendent has becomes an instrumental cog in the preconstruction planning process. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Construction Law.
INSURANCE |. To help with our “connecting” discussions at the conference, social media and mobile communication expert James Spellos will be joining us as the keynote speaker. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law.
INSURANCE |. Not too long ago, or so it seems, we were more than ecstatic at the idea of being able to call our project managers in the field on mobile phones. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. Green Building.
INSURANCE |. We’ve also seen increased use in mobile devices, such as smart phones and tablet computers, with easy to use interfaces and applications. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management.
INSURANCE |. Personally, I’m pretty sure I’m downloading more apps for my mobile devices than complete software applications for my computer. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.
When creating or updating an issue from the Issues log, web and mobile users can now place that issue on an existing model, sheet, or file – or – remove its placement. Members on mobile can utilize the Model Browser to view and navigate a categorized list of all elements in the model. Meeting Minutes | Mobile Enhancements .
INSURANCE |. While customer focus groups are not new to the equipment industry, Deere upped the ante by anchoring their booth with a giant mobile recording studio dubbed the Chatterbox , in which customers recorded product critiques and evaluations. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |.
INSURANCE |. This doesn’t just mean making sure everyone has a working mobile phone and Internet access on the job site. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.
BIM 360 Checklist Improvements Highlighted improvements coming the next few weeks include: faster mobile syncing of active checklists and the ability to import checklist templates Tracking Actual Costs Team members will be able to add expense costs manually, which will also be imported directly into your company’s accounting system.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content